Us Prepared Food Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Prepared Food Market was valued at USD 200 Billion in 2022 and is projected to reach USD 320 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The U.S. prepared food market has undergone a significant transformation in recent years, driven by evolving consumer preferences and industry innovations. In 2024, Americans gravitated towards bundled meal deals and larger snack options, a trend fueled by rising food costs and a desire for value. Fast-food giants like McDonald's and Burger King capitalized on this by offering affordable meal bundles, while retailers such as Walmart curated bundled shopping lists for major events like Thanksgiving. Snack manufacturers responded to shrinkflation concerns by introducing larger versions of popular treats, with brands like Reese's and Chips Ahoy leading the charge. citeturn0news7
The frozen food sector has also experienced a renaissance. Once stigmatized for lacking quality and flavor, frozen foods have become household staples, thanks to advancements in food preparation and preservation. The COVID-19 pandemic played a pivotal role in this shift, as consumers sought convenient yet diverse meal options. Modern freezers now stock an array of offerings, from protein-rich rice bowls to international dishes like Salvadoran pupusas and Indian curries. This evolution reflects a broader trend of consumers seeking both convenience and culinary exploration. citeturn0news3
Economic factors have also influenced purchasing behaviors. Residents in states like Mississippi, West Virginia, and Arkansas allocate a higher percentage of their median incomes to groceries compared to other states. This disparity is attributed to lower median household incomes, prompting consumers in these regions to be more price-sensitive and seek value-driven prepared food options. citeturn0news2
In response to health-conscious consumers, the market has seen a surge in functional foods and beverages. Products infused with health benefits, such as functional mushroom items and seaweed-based snacks, have gained popularity. This trend aligns with a growing consumer focus on sustainability and wellness, influencing the types of prepared foods available on the market. citeturn0news5
Convenience stores are redefining their roles in the prepared food landscape. To counteract declining sales of traditional items like cigarettes, chains such as 7-Eleven and QuikTrip have expanded their food offerings. These establishments now feature global cuisines, enhanced coffee selections, and made-to-order meals, positioning themselves as viable alternatives to fast-food restaurants. This shift not only broadens consumer choices but also reflects the industry's adaptation to changing consumer demands. citeturn0news10
From a personal standpoint, I've observed a remarkable transformation in the quality and variety of prepared foods over the past decade. The convenience of accessing diverse and nutritious meal options has been invaluable, especially during busy workweeks. The ability to enjoy international flavors without extensive preparation has enriched my culinary experiences, making the modern U.S. prepared food market both a practical and exciting aspect of daily life.
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PFI Foods
JBS Foods
Tyson Foods
SYSCO
Kobe Bussan
Nichirei Corporation
IMES
Atenk
Thai President Foods Plc
UPG-INVEST LLC
Primafonte Srl
HSL Food
HelloFresh
Synear Food
Weizhixiang Food
Zhanjiang Guolian Aquatic Products
Huifa Foodstuff
Haixin Foods
Qianwei Central Kitchen Food
Sanquan Food
Fortune Ng Fung Food
Anjoy Foods
LongDa Foodstuff Group
Springsnow Food Group
Haidilao
Fresh Hema
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Prepared Food Market
Ready-to-Eat Meals
Snacks
Soups and Sauces
Desserts
Beverages
Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Specialty Stores
Food Service Outlets
Cans
Bottles
Pouches
Boxes
Trays
Adults
Children
Seniors
Vegetarians
Health-Conscious Consumers
Plant-Based
Animal-Based
Organic
Gluten-Free
Low-Calorie
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Prepared Food Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Prepared Food Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Prepared Food Market, By Type
6. Global Prepared Food Market, By Application
7. Global Prepared Food Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Prepared Food Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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